China-based Shanda Literature announced an adjustment to its Cloudary in which the company will divest its content and hardware businesses.
Qidian.com, a Chinese Internet literature website, announced its cooperation with PayPal for overseas payment services.
Shanda Literature has acquired Readnovel.com, following recent acquisitions of several other Chinese literature websites, including Qidian.com, Hongxiu.com, Jjwxc.net, and Rongshuxia.com.
